BTM206: Unconventional Land Development Business Models with Cody Bjugan
Today’s guest, Cody Bjugan, has a been developing raw land and residential homes for the past 20 years.
His land developing model is rather unique. Instead of the traditional land development deal or land flipping deal, Cody find off-market raw land with development potential and take it through the steps (entitlement and political approvals) to sell it to homebuilders. Being involved at the beginning of a land deal but only in on a sliver of the process has allowed Cody to create 7 figure returns on some deal.
Today we sit down with Cody to discuss this unique business model and exactly how it works.
Key Points From This Episode:
- Cody’s outlook on purpose, impact and fulfillment
- Examples of political approvals
- Why Cody stopped doing horizontal construction on his deals
- How Cody is making 10X returns and 7 figure exits
- Value-Add on land deals
Links Mentioned in Today’s Episode:
Recommended Book:
The Speed of Trust by Stephen M. R. Covey
Listen to this book for free with Audible!
Lifestyle Design App: